san francisco and parks of berkley. 12 locations will be here. we have two locations at mission bay campus. >> with the criteria you used for this location -- >> part of the grant wanted to focus on priority development, outlining the east of san francisco and the west central areas of east bay. >> eastern neighborhood? >> eastern bay is the primary location, and the bay view district. that is part of the grant. the other part is partners to

install the technology. >> i want to encourage you, to think about the deep south and visitation valley, executive park area. both of which are project areas. in need of transportation and often just left and unconsidered. but there are many high-density projects that will be coming. you are scoping and i am just planting the seeds to take root and bear fruit. >> i can do that for you. >> any other questions? >> thank you. >> i just wanted to reinforce the signifigance of this

investment, that will make the electric car more viable in the eyes of the regular consumer. the beauty of the combination of the short-term rental of the city car share, so that, to the user, who will be taking the car a few hours, there is no risk. it is a trip to ikea or the trip to wherever, you need something you can't cary ory on muni. you are not making any investment, but you want to experience how reliable it is. you can get -- with the best charges, we will recharge to 80% in a half-hour. it is a great way to chip away

at the myths of how viable this technology is. we have a history of being early adapters and pushing technology we think can work. demonstrating it works. on a more policy fairness basis, in the region and ultimately the country, we want to make sure the technology will not leave the urban core behind. we have many dwelling swithout garages. -- dwellings without garages. you have people who charge in their garage, they may bypass a number of families without a

garage. it doesn't mean the technology can't work. we can make lemonade and do this through shared cars. other technologies need to be looked at. and we will have a chance to find money to put into that. as far as this is concerned, let's make the right investment in demonstrating how this works for us. in doing that ,, we will lead by example to improve the chance of adopting this technology. >> this will help popularize the new electric vehicles ,hittin, g the market in 2011. the nissan leaf is supposed to

be able to travel several hundred miles, and previously, this was more limited. the $2.4 million project gives us -- hopefully, people get more used to this. the longer distances people can travel. >> i don't know i've heard of one that can do several hundred, but i have heard a hundred miles. given the distribution of trips. there is a great piece of evidence. the commute has stayed at a half hour. several people have longer distances ,longe, longer times,t

there are shorter trips. the early adoption tailors it to the trips with a very appropriate technology. as you can see, this is a rich topic. the conversation is ongoing. >> just so you understand, this is our local portion. where does the funding come from? i apologize for not asking. >> i will let the city car share do that. a number of years ago, the authority did provide a service grant.

commissioner lena was the proponant -- proponent of that. we invested in a company that was a trailblazer who have done a lot of good, and are engaged in the technology issue once again. they can talk about their own bottom line. >> thank you. amy? >> hi. i can speak generally. we are a nonprofit. but most funds are self- sufficient. we got to that point that we can support most of our operations with our revenue. we do have some grants for special projects. we are hoping this grant will help us add more electric

vehicles. we have had our own funding to support this. >> we have support from the city of san francisco, as well as the other cities in our early years. >> i know about city car share. as we think about funding and other opportunities. it was just terriffic. we know this was not a pass through on our angle. >> cohen has a question. >> how do you compete? there is a for-profit, the zip car. how do you compete with for- profit? >> as a local non-profit, we keep it as low as possible and

we can be the low-cost leader. we distinguish ourselves as a local, and we feel we can locate as many locations through san francisco and provide different programs, we have an access program as well as other programs for reduced prices and distinguish ourselves in different ways. >> what is the outreach you do? >> the different developments, we work with residents of those communities. and we are also working with -- looking for new partners. one in east bay. a big part of this grant is

outreach and commmunication. learning about outreach of car- sharing in general, but also, this program. we want to try to educate the current residents. >> the fear is an electric vehicle running out and not knowing about the charging stations. more generally, it is critical for the success. what kind of efforts will you make so this will succeed? >> we are in the planning stages for the outreach we will be doing. we will have focused mailers. the partnerships to reach low-income families or

neighborhood groups. it is mostly between partnerships. >> other questions? thank you so much. let's open this up for public comment. does anyone wish to speak? it is closed. colleagues, can we move it forward? >> i second that. >> we move it forward without objection. >> item six, it is the report of the six months ending december 31 . >> i am cynthia fong, with more on our financial position. as for the first six months, we have $115.1 million in cash and investments. 90% in the treasury poo.

-- pool. this is a liability equal to $230 million. for the first six months we collected sales tax revenue, $3.5 more than anticipated, and we spent $26 million. the next six months is when we recieve the bulk of this. we will bring this up to the committee for approval. according to the government code, we are in compliance and we also have enough liquidity

for the expendatures. let me remind you, this is an information item and i can answer any questions. >> thank you so much. we open for public comment. does anyone wish to speak? thank you for that informational item. ms. cheng? >> introduction of new items. >> open for public comment? it is closed. ms. cheng? >> this is public comment. >> does anyone wish to speak? public comment is closed. >> 9 is adjournment. >> thank you for the meeting. meeting adjourned.

president vietor: i would like

to call the meeting of the public utilities commission to order. first item? >> roll call. [roll call] the next item is approval of the minutes for december 14 in the regular meeting of january and 11. -- and the regular meeting of january 11. president vietor: is there a motion? >> so moved. president vietor: comments? changes? holland favor? thank you very much. -- all in favor? thank you very much.

>> we have no speaker cards for this item. president vietor: are there members of the public that would like to address the commission? next item. >> did we approve january 11? president vietor: we approve them of that the same time. >> communications. of the commissioners receive the electronic copies of all of the communications regarding this meeting. also, this is the time where commissioners might make any comments related to the calendar as well.

president vietor: hearing none, next item, please. >> before the commissioners, a proposed resolution for the citizen's advisory committee. >> before you today, you have a resolution for the 17-member puc advisory committee. many of them have been meeting on a monthly basis, sometimes having issues brought up like waste water, power, and environmental issues. it might be a nice way to thank them.

president vietor: i think we would be honored to consider hopefully passing this resolution. are there vacancies? >> we have been communicating with the board of supervisors. there is one for district 5 and one for district 10. president vietor: perhaps we can request that those positions get killed as soon as possible so they can continue their work. should we read the resolution?

is there representation from the citizen's advisory committee? >> i only see mr. jensen. i believe commissioner torres will be present at that meeting. president vietor: is there a motion to adopt? if you could express our appreciation, we would appreciate that. >> if there is another business

item, this is the time to bring this up. president vietor: i would like to reschedule item 18 because we have a full agenda today. if there is no objection, i would like to do that so we can proceed with the rest of the agenda. hearing no objections, next item. >> items 7-10 will be called together. the public hearing to consider the adoption of the enterprises and bureaus under the jurisdiction of the public utilities commission for fiscal year 2010, 2011, and 2012. a public hearing to consider the adoption of the 10-year capital plan for the water enterprise,

waste water enterprise, and possible action to approve. public hearing to consider adoption of the san francisco public utilities commission for fiscal year 2011-12 through fiscal year 2020-21. motion to calendar a public hearing who on may 10 to consider the adoption of wholesale water rates for fiscal year 2011-12. item 11. a public hearing to consider the adoption of schedules of rates and charges of the san francisco public utilities commission our enterprise for customers that are not municipal load. president vietor: welcome. >> that's a lot.

i and the chief financial officer. we have been through a great deal of discussion today. as well as what we have already provided to the commission, and also what we owe you. we will go through this summary in each of the assistant general managers will be -- to they will be the fourth budget hearing for the budget cycle. it will begin july 1.

it begins the programmatic budgets. it is the culmination of everything have seen to date. -- you have seen to date. it includes the two-year budget under proposition 8. the second year of our proposed budget is $861 million. the only other changes are the discussed changes for fringe benefit increases. they are actions taken by the retirement board. we were very close in our

preliminary projections. the numbers only changed about $200,000 across the program. the previous proposal assumed the pension rate would be a 16.5% of salaries. that rate is slightly higher. we have reflected that in the proposal for you today. we have adopted rates that are slightly lower. instead, it was 6.6% that would be the employer required contribution. a little bit of savings across those items. behind item number 8 is the 10- yera capital -- 10-year capital

plan. item #9 is the 10-year financial plan. it also is requested by commissioner caen and commissioner torres. it includes a scenario to show the conditions once we get to 2014 and 15, what specifically we could do to keep the increase raised -- increased raises. those are included. behind tab number nine. and it will be on slide 16 and 17 behind tab number nine.

>> what caused the increase in the pension projection? the market adjustments, the market value -- it is because of the stock market valuation declines. we are having to put more cash

and because the stock market -- cash in because the stock market has not performed as well. general market conditions, the pension retirement system uses a five-year smoothing. if you look at our recent performance, we have done very well. if you turn the clock back, we are still absorbing those. >> everybody is hurting. is it possible to get a report from the retirement fund as to what caused this? >> they have prepared such a report. i believe they also did some renewal of their projections.

>> we are living longer? >> we are. in addition to the item number nine, there is item number 10, which includes the motion for a wholesale water rate hearing. i also wanted to mention that we have gone and updated that based on the resizing of the waste water department. i know we will come back to run through additional source system improvement programs. we will continue to update those for each of those illustrations. in addition to today, we held hearings on january 13, january 20, and january 27.

we provided those to you in your packet today. we owe you a feedback and follow-up for items we have not provided to you yet. what i will do is turn it over to each of the assistant general managers. they will walk through when they are planning to report back to you. president vietor: thank you. >> the first step is the assistant general manager from the water enterprise. >> thank you. the items we wanted to follow up on behalf whole enterprise was for the facilities plan. we are in the early planning we are in the early planning stages, all three of them very